Seventeenth Street Plaza sold to HRPT - Puget Sound Business Journal (Seattle):

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Newton, Mass.-based HRPT (NYSE: HRP), a real estate investmenft trust that owns and operatese office and industrial paid cash forthe building. The sales priced was not announced. Seventeenth Streey Plaza is located at 122517th St., acrosx from the Tabor Center retail and hotel complex. It was developed by what’s now Jones Lang LaSalle Inc. of and was completed in 1982. Previoues owners include Equitable Real Estate InvestmentManagement Inc. (ERE), part of the Equitablde insurance company. Australian real estate giant LendLease Corp. Ltd. took over the buildintg in the 1990s after itacquired ERE.
JPMorgan quietlh put the building on the markeyt inearly 2008, asking $385 per squarse foot, or roughly $250 million, brokers said. Brookfielrd Properties Corp. of New York and Torontko had the building under contract to purchases last summerfor $225 million, but the deal was not consummatedr because of the debt crisis’ impacyt on Brookfield’s lender, said real estate brokers knowledgeabl e about the deal. As of October, the building was off the The building, with an attached parking is 93 percent leased andincludes Ink! Coffee and Heidi’as Brooklyn Deli outlets. It is home to the headquarter s of Molson CoorsBrewing Co.